A mortgage comes with many moving pieces and understanding them is the key getting a great deal and successfully closing. Unfortunately, studies show that few Americans have a firm grasp of how mortgages work — from mortgage types to the mortgage process.
In this back-to-basics interview on NBC’s The Today Show, you’ll learn some mortgage planning basics to help you get smarter with your next home loan in Tennesee or anywhere else — purchase or refinance.
Some of the topics covered include:
- The mortgage applicants for whom adjustable-rate mortgages are a better choice than fixed-rate mortgages
- Why you should include “How Good Is This Lender?”-type questions in the process
- What a pre-approval letter is good for, and what it is not good for
There is also one of the most simple explanations of “discount points” ever offered on network television.
The video runs 4-and-a-half minutes. For first-time buyers and experienced ones, it’s worth a watch. You’ll pick up some tips to use on your next mortgage. To Pre-approve and/or Pre-Qualify for your next home mortgage use our secure online form 24 hours a day: www.Link2approve.com
About the Author
Shawn Kaplan is an active, multi-state Licensed loan officer with Access National Mortgage.
Email Shawn at skaplan@accessnational.com or call 615-426-3182.
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